SCHINDLER HOLDING AG Solid start to the year
Transparency directive : regulatory news
|
Schindler Holding AG / Key word(s): Quarter Results Ad hoc announcement pursuant to Art. 53 LR Key figures as of March 31, 2024
Despite challenging New Installation markets in the first quarter, both order intake and revenue increased to CHF 2 791 million and CHF 2 673 million, respectively. In local currencies growth was 2.5% and 1.1%, respectively. Operating profit increased to CHF 292 million corresponding to an EBIT margin of 10.9%. The EBIT adjusted margin reached 11.1%, up from 9.7% in Q1 2023. Net profit rose to CHF 232 million, corresponding to a net profit margin of 8.7%. Cash flow from operating activities increased by 80.4% to CHF 507 million.
About Schindler More information Lars Brorson | Head of Investor Relations Schindler Management Ltd. Tel. +41 41 445 32 32 News Source: Schindler Holding AG End of Inside Information |
| Language: | English |
| Company: | Schindler Holding AG |
| Zugerstrasse 13 | |
| 6060 Ebikon | |
| Switzerland | |
| Phone: | +41414453060 |
| E-mail: | corporate.communications@schindler.com |
| Internet: | www.schindler.com |
| ISIN: | CH0024638212, CH0024638196 |
| Valor: | 002463821 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1883175 |
| End of Announcement | EQS News Service |
|
|
1883175 18-Apr-2024 CET/CEST